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Showing 2171 - 2180 of 3940 results for "USI"

SMSFs keeping cash for better markets

DARREN SNYDER  |  FRIDAY, 24 JUL 2015
Self-managed superannuation funds (SMSFs) stowed away $56 billion in excess cash during the 12 months to April 2015, the highest amount in seven years. Billions that would have been invested if it were not for market uncertainty is reflective of a wider ...

Greece, China damage global hedge fund returns

LAURA MILLAN  |  WEDNESDAY, 22 JUL 2015
Hedge fund returns have been hit by the Chinese market correction and by the Greek debt crisis, a global Eurekahedge report for June 2015 showed. After five months of consecutive gains, hedge funds posted their first monthly loss this year in June ...

Super available on the Apple watch

DARREN SNYDER  |  TUESDAY, 21 JUL 2015
Financial Synergy has launched a 2015 version of Acurity that will allow superannuation fund members to access their super through Apple watches and other mobile devices using iOS and Android platforms. Financial Synergy chief executive, Stephen Mackley ...

Advice firm pays penalty for misleading claims

MARK SMITH  |  TUESDAY, 21 JUL 2015
Sydney advice boutique Omniwealth Services has paid a $10,200 penalty for making misleading advertising claims on its website. On a page explaining the advantages of investing in property via a self-managed super fund (SMSF), Omniwealth compared the ...

New SMAs at MLC increasing exponentially

DARREN SNYDER  |  TUESDAY, 21 JUL 2015
Three separately managed accounts (SMAs) added to the MLC Wrap and Navigator platforms have had a combined intake of more than $7 million since their launch in May. The launch of the Antares Listed Property, JBWere Listed Fixed Income and Redpoint Industrials ...

Big four prepared for APRA capital adequacy changes

ALEX BURKE  |  MONDAY, 20 JUL 2015
Australia's big four banks have commented on APRA's announcement that it would increase capital adequacy requirements for residential mortgage exposures. APRA's change means that the risk weight on residential mortgage exposures for Australian deposit-taking ...

Adviser Ratings provides planner endorsements

ALEX BURKE  |  THURSDAY, 16 JUL 2015
Consumer-driven adviser review website Adviser Ratings has added the ability for advisers to endorse each other on the platform. The review service, which was recently revamped to make use of ASIC's Financial Adviser Register, added the planner endorsement ...

ANZ ETFs added to BT, Asgard platforms

ALEX BURKE  |  THURSDAY, 16 JUL 2015
The exchange-traded funds developed jointly by ANZ and ETF Securities have been added to the BT and Asgard investment and super platforms. Specifically, investors using the BT SuperWrap, BT Wrap and Asgard eWRAP platforms now have access to the ANZ ...

Not all active managers are traders

ALEX DUNNIN  |  THURSDAY, 16 JUL 2015
The distinction between active and passive investment management and indexing isn't as clear cut as many investors might think it is. Operating an active investment strategy is often associated with portfolio managers making regular trades to tactically ...

ASIC bans auditor and adviser

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
ASIC has permanently banned an insurance adviser and disqualified an SMSF auditor. Abhinav Gupta provided insurance advice via ACE Insurance's Victorian Combined Insurance division from October 2013 to May 2014. He was not a salaried employee of Combined ...